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Question: Suppose if the economy currently has a frictional unemployment rate of 2%, structural unemployment of 2%, seasonal unemployment of 0.5%, and cyclical unemployment of 2%, determine the natural rate of unemployment?
Where is the economy operating relative to its potential GDP?
What happens to the natural rate of unemployment and potential GDP if cyclical unemployment rises to 3% with other types of unemployment unchanged from part (a)?
What happens to the natural rate of unemployment and potential GDP if structural unemployment falls to 1.5% with other types of unemployment unchanged from part (a)?
According to the Solow growth model, a country that increases its rate of capital investment can overcome diminishing marginal returns to capital and achieve sustained high growth over time.
What is the inflation rate in Home? In Foreign? What is the rate of change in the nominal exchange rate? Which currency is expected to appreciate? At what rate? Explain.
A nation has a low inflation rate than all growth. It has more rapid economic growth. The central bank does not intervene in the foreign exchange market.
The focus of the text is development of "3-criteria," successful organizations have in their human resource organization plans: the project of decision rights; an appropriate incentive and rewards system;
Illustrate what might be some practical problems or issues the country might face with this proposed plan.
Compute the companies concentration measure. Explain how would it change if Delta merged with United States.
Describe the output level of the firm, the number of workers it employs and the profit of the firm.
Compute and interpret the compensating and equivalent variations for this tax.
A company produces digital watches on single production line serviced during one daily shift. The total output of watches depends directly on number of labor hours employed on the line.
Illustrate what other business decisions are impacted as well, and how. Explain.
Elucidate the tradeoff among current consumption and savings and how this impacts economic growth.
Illustrate what would be various variations and perspectives from current economic downturns
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